LIC Housing Finance share price chart and Bombay stock exchange stock tips - Stock has formed double bottom pattern - updated for 28th December 2015, Monday

Stock has formed double bottom pattern in daily chart, sharp movement can be seen once stock comes out from its pattern.

Chart also indicates that it is witnessing selling pressure from previous top @ 493.50, as long as it holds below bears will be favored and further price rise can be seen once stock close and holds above its previous top @ 493.50.

So far MACD indicator is moving in +ve zone this will favor bulls but stochastic has turned -ve so stock major trend indicator are showing mix signals.

Suggested reading - Click below to read article on Bombay stock exchange.

On December 24 2015, Thursday LIC Housing Finance share price closed at 485.95.

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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips